ITC Hotels shares extended their rally for a third straight session, rising over 2% after posting a 54% YoY jump in Q1FY26 profit. Revenue grew 15.5%, aided by strong occupancy and RevPAR gains. Elara Securities reaffirmed its ‘Accumulate’ rating, raising the stock’s target price to Rs 256, citing improved operating leverage and robust performance at ITC Ratnadipa.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets